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MDU Resources Group MDU Natural gas transportation — Revenues from contracts with customers

Other product segments

Other
$45.52M+6.8%
Natural gas storage
$5.47M-9.3%

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Other financials

Income statement

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Revenue$606.0M-10.2%
Operating income$115.7M+2.5%
Net income$80.8M-1.4%
EPS (diluted)$0.39-2.5%

Balance sheet

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Cash & equivalents$53.3M-10.5%
Total debt$2.6B+18.3%
Total equity$2.9B+5.9%
Total assets$7.7B+10.4%

Cash flow

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Operating cash flow$149.2M-31.4%
CapEx$92.4M-0.7%
Free cash flow$56.8M-54.4%

Valuation

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Market cap$4.34B+21.4%
Enterprise value$6.88B+20.8%
P/E22.9×+6.3×
P/S2.4×+0.5×

Profitability

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Operating margin16.2%+1.0pp
Net margin10.5%-3.7pp
FCF margin-20.2%-23.2pp

Returns & leverage

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Return on equity6.7%-2.5pp
Debt / equity0.9×+0.1×
Current ratio0.8×-0.1×

Where this comes from

Reported directly by MDU Resources Group in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: MDU Resources Group’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 5:12 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000067716-26-000050
Three Months Ended March 31, 2026ElectricNatural gasdistributionPipelineOtherTotal
Commercial utility sales149,184157,368206,552
Industrial utility sales10,01012,41222,422
Other utility sales1,9601,960
Natural gas transportation17,50649,07766,583
Natural gas storage5,4675,467
Other22,26420,5502,50419945,517
Intersegment eliminations(167)(89)(34,460)(199)(34,915)
Revenues from contracts with customers122,652454,07322,588599,313

Item 1. Financial Statements

FAQ

What is MDU Resources Group's natural gas transportation — revenues from contracts with customers?
MDU Resources Group (MDU) reported natural gas transportation — revenues from contracts with customers of $66.58M in Q1 2026.
How has MDU Resources Group's natural gas transportation — revenues from contracts with customers changed year-over-year?
MDU Resources Group's natural gas transportation — revenues from contracts with customers decreased by 0.6% year-over-year, from $66.96M to $66.58M.
What is the long-term trend for MDU Resources Group's natural gas transportation — revenues from contracts with customers?
Over 4 years (2021 to 2025), MDU Resources Group's natural gas transportation — revenues from contracts with customers has grown at a 12.3% compound annual growth rate (CAGR), from $162.41M to $258.52M.
What does natural gas transportation — revenues from contracts with customers mean?
This metric represents the total revenue recognized from providing natural gas transportation and related storage services to third-party customers through a regulated pipeline network. It reflects the core demand for the company's midstream infrastructure assets and the contractual capacity utilized by shippers. Growth in this figure indicates successful expansion of pipeline throughput, increased service utilization, or favorable adjustments in regulated tariff rates.

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